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All Forum Posts by: Simmy Ahluwalia

Simmy Ahluwalia has started 107 posts and replied 1300 times.

Post: 3 month cash-out DSCR in WI

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Greg Neuman - thanks for the tag.  Yes, we can help out here.  Reach out....

Post: Looking for a Hard Money Lender

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Jeffrey Yarusso - DM me the property address and respective numbers.  I can refer you to a direct lender in PA.

Post: How to pull equity out of a paid off property

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

This is actually true, and something most investors don't think about when they either purchase or use a SFH for co-living purposes.

When it comes to refinance, you either will have to secure the appropriate zoning or obtain a special use permit to comply with local ordinances.

Post: Looking for Small Multi-Family Lender

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Sue Binan - also happy to look and price this out for you.  Hopefully you have some rehab background:)

Post: Commercial Lending for Short Term Rentals

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Jesse Imes - we can look at this Blanket loan for you.  Are your properties in New York?  How many?  Same Seller?

Post: CRE Cash out refi on long held, LONG term tenant, looking for 25-30 year term

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Shelly Glennon - we do have an option for a 30 year fixed, fully  amortized loan.  Of course, I would have to analyze all of your numbers first.  Feel free to reach out.

Post: Credit Unions/Banks in Houston that will do Cash Out Refi's?

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Haley Henderson - ditto to what everyone else stated above.  We do have a no-seasoning cash-out option, so if/when you complete a rehab and have a lease in place, we can cash-out your equity.

Post: Cash Buyers - Buy & Hold or Fix & Flip Opportunity in North GA!!!

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Carla Manley - hi.  Please send this one to me.  Is this off market?

Post: Townhome Development Approval!!!

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

@Devin James - just shot you an email to connect.

Post: Townhome Development Approval!!!

Simmy Ahluwalia
Pro Member
Posted
  • Lender
  • Atlanta, GA
  • Posts 1,541
  • Votes 179

Congrats!  No small feat.  Locked up financing yet?